Articles


Real Estate Company Successfully Matches Retailers With the Best Properties

November 27, 2007

Request Information

Click Here To Download:
Real Estate Company Successfully Matches Retailers With The Best Properties

Much of Forest City Enterprises' success emanates from its strategy to diversify and capitalize on high-growth markets that have distinct competitive advantages. Forest City focuses primarily on large, unique, and complex projects in high-growth urban areas such as Boston, Massachusetts; Denver, Colorado; New York City, New York; Los Angeles, San Francisco, Redondo Beach, Rancho Cucamonga, Palmdale, Temecula, and San Diego, California; and Washington, D.C. These target markets, which are characterized by highly educated populations with above-average per capita incomes and above-average growth in per capita incomes, account for more than half of Forest City's property locations.

To stay abreast of market analysis trends for property acquisitions, Forest City Enterprises had to implement a new system for daily in-house analyses without hiring outside consultants. Forest City Enterprises wanted to improve on a mapping solution used previously that would reduce operation costs, provide access to multiple users, and allow flexibility for the in-house production of demographic reports and maps as part of the retailer assessment packages.

Click Here To Download:
Real Estate Company Successfully Matches Retailers With The Best Properties

ESRI

More From ESRI

Please wait... busy

Send This Page To An Associate: